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The following table shows the prices of a sample of Treasury bonds, all of which have coupon rates of zero. Each bond makes a single

The following table shows the prices of a sample of Treasury bonds, all of which have coupon rates of zero. Each bond makes a single d. What is the 4-year interest rate?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decim
e. Is the yield curve upward-sloping, downward-sloping, or flat?
f. Is this the usual shape of the yield curve?
a. Interest rate
b. Interest rate
c. Interest rate
d. Interest rate
e. Is the yield curve upward-sloping, downward-sloping, or flat?
f. Is this the usual shape of the yield curve?
payment at maturity.
a. What is the 1-year interest rate?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
b. What is the 2-year interest rate?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
c. What is the 3-year interest rate?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
d. What is the 4-year interest rate?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
e. Is the yield curve upward-sloping, downward-sloping, or flat?
f. Is this the usual shape of the yield curve?
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